Company: Absa Group Limited Absa
Location: Saudi Arabia
Employment Type: Full-time
Description:
Job Summary
• We are looking for an experienced Model Development Analysts with a background as quantitative analysts implementing PD, LGD and EAD models for Regulatory Capital and Impairments IFRS9 models in a banking environment.
Job Description
• We will expect you to ensure model build data are of sufficient quality.
• Develop theoretical understanding and practical application of model development methodology through model building and application experience;
• Complete statistical data analysis and produce model build documentation in an unambiguous and concise manner.
• Have the ability to integrate technical statistical experience and business knowledge.
• Ensure successful implementation of models by assisting the model implementation team through answering technical questions around the model workings.
• Ensure full governance processes for modelling are complied with from model inception and build through to validation and sign-off by completing all relevant documentation… according to the Absa Model Risk Policy.
• Actively engage stakeholders model users, validation team, monitoring team, regulators to be fully engaged in process and delivery through email discussions, group meetings and one-on-one discussions ensuring their issues, objectives and priorities are reflected in agreed solutions.
Education
• A successful candidate will hold at least an honours degree in Statistics, Business Mathematics and Informatics BMI or Mathematical Statistics or a related field with up to 6 years’ experience in statistical model development or validation in a Business Banking or Investment Banking environment with process and people management experience preferred.
• Proficiency in Base SAS or SAS Enterprise Guide, SAS data steps, SAS procedures, SAS SQL, SAS Macros in order to develop statistical models.
Education
• Bachelor’s Degree: Information Technology
Source: MyJobMag
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